Pioneer Family Office LLC Buys 8,604 Shares of Vanguard Information Technology ETF $VGT

Pioneer Family Office LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 221,087 shares of the exchange traded fund’s stock after acquiring an additional 8,604 shares during the quarter. Vanguard Information Technology ETF accounts for 13.9% of Pioneer Family Office LLC’s portfolio, making the stock its 2nd largest position. Pioneer Family Office LLC’s holdings in Vanguard Information Technology ETF were worth $27,784,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in Vanguard Information Technology ETF by 1.6% during the 1st quarter. Bank of America Corp DE now owns 15,105,780 shares of the exchange traded fund’s stock worth $10,539,605,000 after purchasing an additional 241,421 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Vanguard Information Technology ETF by 657.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,731,562 shares of the exchange traded fund’s stock valued at $565,516,000 after purchasing an additional 4,107,038 shares during the period. Systematic Alpha Investments LLC lifted its holdings in shares of Vanguard Information Technology ETF by 700.0% in the first quarter. Systematic Alpha Investments LLC now owns 658,400 shares of the exchange traded fund’s stock valued at $459,379,000 after purchasing an additional 576,100 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of Vanguard Information Technology ETF by 762.8% in the second quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock valued at $436,378,000 after purchasing an additional 3,227,909 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 817.3% in the second quarter. Envestnet Asset Management Inc. now owns 3,330,327 shares of the exchange traded fund’s stock valued at $398,041,000 after purchasing an additional 2,967,256 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $115.55 on Thursday. The stock has a market capitalization of $142.13 billion, a P/E ratio of 34.55 and a beta of 1.36. The business has a 50-day moving average of $122.32 and a 200-day moving average of $109.59. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $130.66.

About Vanguard Information Technology ETF

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.